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Re: AskMrOwl post# 126

Wednesday, 01/06/2010 12:23:47 PM

Wednesday, January 06, 2010 12:23:47 PM

Post# of 351
Here's the part of the most recent 10-K that I really like:

2010 Outlook

We anticipate our total revenues in 2010 versus 2009 to increase by 101% or approximately $11.04 million with growth in all categories of our product sales. Our gross profit margin in 2010 is expected to be approximately 55.45% due to raw material inflation. Operating expenses will increase due to higher percentage of R&D investment as well as expanding our own distribution channels. We estimate our overall 2009 net profit margins to be approximately 22.64%.However, there is no assurance that these predictions will be reached.
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